Boots reports surge in profits driven by beauty sales
Boots has reported a surge in profits as beauty sales and footfall across stores increased in the year ending August 31, 2023.
The UK’s largest health and beauty retailer has reported a 42.3% rise in pre-tax profits to £237.6m in the 12 months to August 31, according to new filings for three UK subsidiaries at Companies House.
Sales at Boots went up to £8.3bn, compared with £7.7bn in the previous year, driven by strong retail sales from beauty brands such as Soap & Glory, Liz Earle and Fenty Beauty.
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